WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSE) Trading Down 1% – What’s Next?

WisdomTree China ex-State-Owned Enterprises Fund (NASDAQ:CXSEGet Free Report)’s stock price dropped 1% on Wednesday . The stock traded as low as $38.94 and last traded at $38.9350. Approximately 5,833 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 92,893 shares. The stock had previously closed at $39.33.

WisdomTree China ex-State-Owned Enterprises Fund Stock Down 1.0%

The firm has a market cap of $505.38 million, a P/E ratio of 15.81 and a beta of 0.41. The firm’s fifty day moving average is $39.98 and its two-hundred day moving average is $40.17.

Institutional Trading of WisdomTree China ex-State-Owned Enterprises Fund

A number of hedge funds have recently modified their holdings of CXSE. Royal Bank of Canada boosted its holdings in shares of WisdomTree China ex-State-Owned Enterprises Fund by 344.8% during the 1st quarter. Royal Bank of Canada now owns 49,052 shares of the company’s stock valued at $1,670,000 after buying an additional 38,024 shares in the last quarter. NewEdge Advisors LLC boosted its stake in WisdomTree China ex-State-Owned Enterprises Fund by 8.2% in the 1st quarter. NewEdge Advisors LLC now owns 21,214 shares of the company’s stock worth $722,000 after purchasing an additional 1,610 shares in the last quarter. Bank of America Corp DE boosted its stake in WisdomTree China ex-State-Owned Enterprises Fund by 4.7% in the 2nd quarter. Bank of America Corp DE now owns 13,779 shares of the company’s stock worth $474,000 after purchasing an additional 613 shares in the last quarter. Corient Private Wealth LLC bought a new position in WisdomTree China ex-State-Owned Enterprises Fund in the 2nd quarter worth about $293,000. Finally, Avestar Capital LLC boosted its stake in WisdomTree China ex-State-Owned Enterprises Fund by 42.0% in the 3rd quarter. Avestar Capital LLC now owns 28,422 shares of the company’s stock worth $1,267,000 after purchasing an additional 8,402 shares in the last quarter.

About WisdomTree China ex-State-Owned Enterprises Fund

(Get Free Report)

The WisdomTree China ex-State-Owned Enterprises Fund (CXSE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of Chinese companies that are not state-owned, defined as government ownership of less than 20%. CXSE was launched on Sep 19, 2012 and is managed by WisdomTree.

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